IVCA Conclave 2025: Forging the Future of India’s Alternate Capital Landscape



India’s
apex
industry
body
for
alternative
assets,
the

Indian
Venture
and
Alternate
Capital
Association
(IVCA)
,
will
be
hosting
the
14th
edition
of
its
flagship
event,
the

IVCA
Conclave
,
on
the
11th
and
12th
of
February
2025

in
Mumbai.




IVCA
Conclave
2025:
Forging
the
Future
of
India’s
Alternate
Capital
Landscape



IVCA
Conclave
2025,
the
premier
event
for
the
alternate
capital
industry
in
India,
is
a
forum
for
strategic
conversations
on
the
prospects
and
direction
of
this
pivotal
industry. 




Ashley
Menezes,
Partner
and
COO,
ChrysCapital,
and
Chairperson,
IVCA
,
emphasised
the
importance
of
the
forum
said,
The
Indian
alternate
capital
industry
is
evolving
at
fast
pace
and
its
impact
on
economic
growth,
and
the
potential
for
sustainable,
long-term
investments
have
been
significant
in
boosting
India’s
financial
growth.
As
India
embarks
on
its
journey
towards
Viksit
Bharat
@2047,
the
alternate
capital
industry
has
a
critical
role
to
play
in
shaping
the
roadmap
by
driving
innovation,
supporting
entrepreneurial
ventures,
and
enabling
capital
deployment
that
fosters
economic
resilience
and
inclusive
development.
IVCA
Conclave
2025
is
poised
to
create
new
standards
for
the
Indian
alternative
capital
market
and
welcomes
game-changing
ideas
from
exceptional
minds
in
the
ecosystem.
The
event
is
set
to
cater
insightful
panel
discussions,
inter-industry
collaborations,
and
the
crucial
networking
amongst
key
players
of
the
financial
industry.



In
2024,
India’s
PE-VC
ecosystem
showed
strong
activity,
with
US$49.5
billion
invested
across
1,126
deals
(upto
Nov’24),
as
per
IVCA

EY
Deal
Report.
Mega
deals
worth
US$20.7
billion
dominated,
led
by
Brookfield’s
US$2.5
billion
acquisition
of
ATC
India
and
Zepto’s
US$1.3
billion
fundraising
round
according
to
Venture
Intelligence.



The
year
also
saw
five
new
unicorns
emerge,
attracting
US$356
million
in
investments,
up
from
22%
in
2023.
This
shift
reflects
a
focus
on
strategic,
quality
investments,
emphasizing
profitability
and
scalable
growth
in
a
maturing
market.



Commenting
on
the
vision
for
this
year’s
IVCA
Conclave,

Srini
Sriniwasan,
Managing
Director,
Kotak
Alternate
Asset
Managers
Limited
,

and
Vice
Chairperson,
IVCA
,
said,
The
alternate
capital
ecosystem
plays
a
transformative
role
in
India’s
financial
trajectory.
Bringing
together
industry
experts,
IVCA
Conclave
2025
will
witness
important
discussions
that
cover
a
range
of
topics,
from
how
to
evaluate
risks
and
rewards,
to
building
resilient
climate
innovation
ecosystems,
expansion
of
private
credit,
and
more.
The
event
serves
as
a
key
platform
for
industry
leaders
and
emerging
entrepreneurs
to
work
in
unison
as
they
work
towards
a
common
goal

Viksit
Bharat
.”



Supporting
IVCA
Conclave
2025:
Cooley,
IC
Universal
Legal,
Iron
Pillar,
Nuvama
Asset
Services,
Nishith
Desai
Associates,
Sundaram
Alternates,
Madison
India
Capital,
Neo
Asset
Management,
Oman
India
Joint
Investment
Fund,
PlayBook
Partners,
PwC
India,
Uniqus,
EY
India,
IDFC
First
Bank,
ChrysCapital,
Indian
Angel
Network,
TVS
Capital,
Peak
XV
Partners,
Affirma
Capital,
Kotak
Investment
Advisors
Limited,
Chiratae
Ventures,
Grant
Thornton
Bharat,
AlphaGrep,
Avendus,
Blume
Ventures,
Cactus
Partners,
IvyCap
Ventures,
Trifecta
Capital
and
UTI
Alternatives.




Highlights
of
IVCA
Conclave
2025




Attendees



The
IVCA
Conclave
will
gather
a
diverse
group
of
stakeholders,
including
alternate
asset
investors,
limited
partners,
family
offices,
PE-VC
professionals,
entrepreneurs,
angel
investors,
and
knowledge
partners.
The
Conclave
presents
an
exclusive
opportunity
for
investment
professionals
to
exchange
knowledge,
insights,
and
research
on
various
sectors
and
topics,
and
serves
as
a
platform
for
collaboration
and
innovation
in
the
industry. 



At
the
IVCA
Conclave,
distinguished
government
officials
will
deliver
keynotes
and
participate
in
panel
discussions,
with
special
focus
on
the
evolving
Indian
capital
market
and
a
blueprint
for
future
development
of
the
alternate
capital
space.



Several
industry
leaders
from
the
PE-VC
sector
will
join
the
various
panel
discussions.
They
include

Amit
Sachdeva
,
Managing
Director,
AlpInvest
Partners;

Ashley
Menezes
,
Partner
and
COO,
ChrysCapital
and
Chairperson,
IVCA;

Anand
Prasanna
,
Managing
Partner,
Iron
Pillar;

Anuradha
Ramachandran
,
Managing
Partner,
TVS
Capital
Funds;

Bhautik
Ambani
,
CEO,
AlphaGrep
Investment
Management;

David
Huang
,
Principal,
StepStone
Group;

Deepak
Dara
,
Senior
Managing
Director
and
Head
of
India,
Ontario
Teachers’
Pension
Plan
(OTPP);

Dominic
Goh
,
Managing
Director,
HarbourVest
Partners;

Gene
Pohren
,
Co-Founder
and
Managing
Director,
57
Stars;

Gopal
Srinivasan
,
Chairman
and
Managing
Director,
TVS
Capital
Funds;

Karthik
Athreya
,
Head

Fund
Strategy
(Private
Credit),
Sundaram
Alternates;

Karthik
Reddy
,
Co-founder,
Blume
Ventures;

Kunal
Sood
,
Managing
Director,
Pantheon;

Madanagopal
Ramu
,
Head

Equities
and
Fund
Manager,
Sundaram
Alternates;

Madhur
Singhal
,
Managing
Partner,
Private
Capital,
Praxis
Global
Alliance;

Mukesh
Mehta
,
Senior
Managing
Director,
Blackstone;

Manish
Kejriwal
,
Founder
and
Managing
Partner,
Kedaara
Capital;

Nipun
Sahni
,
Advisor,
Apollo
Global
Management
and
Founder,
Rezone
Investments;

Nitai
Utkarsh
,
Lead

Investment
Strategy
&
Chairman’s
Family
Office,
Hero
MotoCorp
Limited;

Renuka
Ramnath
,
Founder,
Managing
Director,
&
CEO,
Multiples
Alternate
Asset
Management;

Rahul
Khanna
,
Managing
Partner,
Trifecta
Capital;

Raj
Pai
,
Founding
Partner,
GEF
Capital
Partners;

Parul
Jain
,
Nishith
Desai
Associates
(NDA);

Padmaja
Ruparel,

Co-founder,
IAN
Group;

Rochelle
Dsouza
,
Managing
Director,
Lighthouse
Funds;

Rubin
Chheda
,
Managing
Director,
Neo
Asset
Management;

Sambhav
Ranka
,
Senior
Partner,
IC
Universal
Legal,
Advocates
&
Solicitors
(ICUL);

Sean
Murphy
,
Partner,
Cooley
LLP;

Sreejit
Pillai
,
Chief
Business
Officer,
UTI
Alternatives;

Srinath
Srinivasan
,
Chief
Executive
Officer,
Oman
India
Joint
Investment
Fund;

Sumeet
Abrol
,
Partner
&
Deals
Consulting
Leader,
Grant
Thornton
Bharat;

Tejesh
Chitlangi,

Joint
Managing
Partner,
ICUL;

Udit
Sureka
,
EVP
and
Head
of
Products,
Nuvama
Asset
Services;

V.
Vaidyanathan
,
CEO,
IDFC
First
Bank;

Vikas
Choudhary
,
Managing
Partner,
Playbook
Partners;

Vikram
Gupta
,
Founder
and
Managing
Partner,
IvyCap
Ventures;

Vish
Ramaswami
,
Head
of
Asia-Pacific
Private
Investments,
Cambridge
Associates;

Vishnu
Amble
,
Director,
Investment
Committee
Member
&
Head
of
Foundation,
GreenBear
Group
LLC;

William
Yea
,
Principal,
Coller
Capital;

Vivek
Pandit
,
Senior
Partner,
McKinsey
&
Company;
and

Zia
Mody
,
Co-founder
and
Managing
Partner,
AZB
&
Partners.
Find
the
detailed
list
of
speakers

here
.




Sessions



The
two-day
IVCA
Conclave
will
have
a
power-packed
agenda
with
fireside
chats,
panel
discussions,
keynote
addresses,
report
presentations
and
an
award
ceremony.
Limited
partners,
fund
managers,
PE-VC
professionals,
and
entrepreneurs
will
delve
into
key
topics
such
as
the
critical
role
of
PE-VC
firms,
the
contribution
of
alternate
assets
to
economic
development,
the
scope
for
sustainable
and
long-term
investments,
and
more.
The
sessions
will
also
cover
key
themes
related
to
growth
and
long-term
value
creation,
while
also
exploring
new
and
unique
opportunities
in
India’s
dynamic
investment
ecosystem. 




IVCA
Alternate
Capital
Excellence
Awards



On
Day
2,
the
IVCA
Alternate
Capital
Excellence
Awards
will
celebrate
the
successes
of
alternative
investment
funds
and
the
alternate
capital
ecosystem,
along
with
the
international
and
domestic
PE-VCs
who
have
made
a
mark
in
the
fundraising,
exit,
gender
diversity,
and
social
impact
spaces.
The
esteemed
jury
comprises
distinguished
experts
with
a
deep
understanding
of
the
alternate
capital
space,
including

Shri
UK
Sinha
,
Former
SEBI
Chairman;

Sanjeev
Bikhchandani
,
Founder,
Info
Edge
India
Ltd;

Vivek
Pandit,

Senior
Partner,
McKinsey
&
Company;

Shri
S
Ramann
,
Deputy
Comptroller
&
Auditor
General
(Central
Revenue
Audit)
and
CTO,
CAG;
and

Cate
Ambrose
,
CEO
and
Board
Member,
Global
Private
Capital
Association
(GPCA).



The
IVCA
Alternate
Capital
Awards
will
also
feature
a
Lifetime
Achievement
Award
to
be
conferred
on
a
trailblazer
in
the
alternate
capital
industry.
These
awards
are
a
testament
to
the
contributions
of
the
alternate
capital
industry
stakeholders
who
are
raising
the
bar
across
the
investment
ecosystem.




About
IVCA 



Indian
Venture
and
Alternate
Capital
Association
(IVCA)
is
a
not-for-profit,
apex
industry
body
promoting
the
alternate
capital
industry
and
fostering
a
vibrant
investing
ecosystem
in
India.
IVCA
is
committed
to
supporting
the
ecosystem
by
facilitating
advocacy
discussions
with
the
Government
of
India,
policymakers,
and
regulators,
resulting
in
the
rise
of
entrepreneurial
activity,
innovation,
and
job
creation
in
India
and
contributing
towards
the
development
of
India
as
a
leading
fund
management
hub.
IVCA
members
are
the
most
active
domestic
and
global
VCs,
PEs,
funds
for
infrastructure,
real
estate,
credit
funds,
limited
partners,
investment
companies,
family
offices,
corporate
VCs,
and
knowledge
partners.
These
funds
invest
in
emerging
companies,
venture
growth,
buyout,
special
situations,
distressed
assets,
credit,
and
venture
debt,
among
others.